equity
TradingMarkets Pricing Some Geopolitics, but Risk Premia Can Grow Further -Goldman
TradingEuropean Bond Yields, Russia-Exposed Shares Fall on Border Breach Report
Top Stories‘Growth’ Stocks Still Not Cheap, Cautions JPMorgan
InvestingNordea Aims for 4% Growth in Lending Volume by End of 2025
Gold Jumps, Stocks Slide on Ukraine Tensions Mount
Date: February 18, 2022
By Herbert Lash NEW YORK (Reuters) – Gold prices jumped to an eight-month high and safe-haven debt rose on Thursday after U.S. President Joe Biden said there was every indication Russia planned to attack Ukraine, while Moscow accused Washington of ignoring its security demands. A gauge of global equities fell more than 1% despite strong...
Goldman Sachs to Refresh Targets and Set Path to Growth
Date: February 17, 2022
By Matt Scuffham NEW YORK (Reuters) – Goldman Sachs will on Thursday update its main financial targets and detail growth plans for the next three to five years, hoping to win over investors yet to be convinced by its long-term strategy. Wall Street’s premier investment bank is reshaping itself after a turbulent decade during which profit at...
European Shares Inch Higher on Strong Commodity Shares; Geopolitics in Focus
Date: February 17, 2022
By Sruthi Shankar and Shashank Nayar (Reuters) -European stocks made cautious gains on Wednesday, pushed higher by commodity-heavy stocks with Russia-Ukraine tensions in focus, while Swedish telecom firm Ericsson slumped after investigations showed misconduct. The continent-wide STOXX 600 index ended 0.1% higher with oil firms and miners leading gains, marginally adding to the 1.4% jump...
Australia’s Crown Resorts Backs $6.3 Billion Blackstone Bid, Ending Packer Era
Date: February 15, 2022
By Byron Kaye and Shashwat Awasthi SYDNEY (Reuters) – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone Inc on Monday, giving billionaire James Packer an exit route from the Australian casino firm beset by scandals and regulatory setbacks. Packer will cash in his chips a decade and a half after...
Commerzbank Shares Fall After Finance Minister Says Govt to Shed Stake in Future
Date: February 15, 2022
BERLIN (Reuters) – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep its stake in the lender in the long run. “In the long run, the state will not be a shareholder in Commerzbank,” Christian Lindner was quoted as saying by Handelsblatt newspaper....
France’s Credit Agricole Beats Profit Target a Year Early
Date: February 11, 2022
LONDON (Reuters) -Credit Agricole SA beat its 2022 profit target a year early as lower costs for troubled loans and rising revenues across business lines boosted fourth-quarter results beyond consensus, France’s second-biggest listed bank said on Thursday. The lender said it would present a new strategic plan for 2025 on June 22 after underlying net...